Brazil’s construction cost index increased at a slower-than-expected rate in November, survey figures from the Getulio Vargas Foundation, FGV showed Monday.
The National Construction Cost Index climbed 0.28 percent month-over-month in November, faster than the 0.19 percent rise in October.
That was below the 0.35 percent increase economists had expected.
The material, equipment and services index registered a variation of 0.61 percent, while the labor force index showed no variations.
The material has been provided by InstaForex Company – www.instaforex.com
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